BFC Partners doubling floor space in move to | Business

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BFC Partners doubling floor space in move to – Business News

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BFC Partners, one of town’s main pioneers in inexpensive housing development, outgrew its tiny Brooklyn digs. So it’s doubling its floor space in a move to 14,000 sq. toes at RFR’s 17 State St. in Manhattan.

BFC has created and preserved more than 15,000 inexpensive residences in all 5 boroughs and expanded to Buffalo and Syracuse. Its largest present initiatives are a three-building advanced on Surf Avenue in Coney Island and 9 Essex Crossing in Manhattan.

17 State Street is a 42-story workplace tower in the Financial District of Lower Manhattan. ZnoopTree – stock.adobe.com

Joe Ferrara, a BFC companion, termed the move “an important milestone for us that represents thr growth of our team and the evolution of our services.”

A Cushman & Wakefield group represented BFC in the new lease.

Lungi, a Sri Lankan/South Indian restaurant with Michelin “bib gourmand” honors, is making the leap from Manhattan to Queens.

The restaurant, which can stay at 1166 First Ave. on the Upper East Side, will add a second outpost at 31-19 Newtown Lane in Astoria. The 15-year lease is for five,000 sq. toes, one of the neighborhood’s largest eating venues. The asking rent was $400,000 a 12 months.

The landlord, Phoenix Management, was repped by prolific Meridian Retail Leasing president James Famularo with Jacob Mayer and Marcelo Demoraes. Famularo mentioned Lungi, led by Mervyn Winston and chef/companion Albin Vincent, “brings together an extraordinary group of chefs each contributing their own culinary traditions and techniques.”

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